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WORKING PAPERS - 1997

Click on the links listed below to see the abstract. Click here for a complete list of abstracts for this year. Click on the icon beside the title in order to download the full paper in Adobe Acrobat. (If you do not have the Adobe Reader you can get a free copy from Adobe's World Wide Web Site at http://www.adobe.com/acrobat/readstep.html).

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2000


#01-97
An Equilibrium Model with Restricted Stock Market Participation (Reprint 066)
Süleyman Basak and Domenico Cuoco
[abstract]

#02-97
A Model of Dynamic Equilibrium Asset Pricing with Extraneous Risk
Süleyman Basak
[abstract]

#03-97
Free Cash Flow, Optimal Contracting, and Takeovers
Eitan Goldman, Christopher S. Jones and Ron Kaniel
[abstract]

#04-97
A Specialist's Quoted Depth and the Limit Order Book
Kenneth A. Kavajecz
[abstract]

#05-97
Learning To Be Overconfident
Simon Gervais and Terrance Odean
[abstract]

#06-97
Managerial Compensation and the Threat of Takeover (Revision of 9-96)
Anup Agrawal and Charles R. Knoeber
[abstract]

#07-97
The Cross Section of Common Stock Returns: A Review of the Evidence and Some New Findings
Gabriel Hawawini and Donald B. Keim
[abstract]

#08-97
Costs of Equity from Factor-Based Models (Revised 4-98)
Lubos Pastor and Robert F. Stambaugh
[abstract]

#09-97
Going Public with Asymmetric Information, Agency Costs and Dynamic Trading
Armando Gomes
[abstract]

#10-97
Testing for Liquidity Constraints in Euler Equations with Complementary Data Sources (Reprint 069)
Tullio Jappelli, Joern-Steffen Pischke and Nicholas S. Souleles
[abstract]

#11-97
An Examination of Changes in Specialists' Posted Price Schedules
Kenneth A. Kavajecz and Elizabeth R. Odders-White
[abstract]

#12-97
An Anatomy of Morningstar Ratings (Reprint 065)
Marshall E. Blume
[abstract]

#13-97
The Information Value of Bond Ratings
Doron Kliger and Oded Sarig
[abstract]

 


Rodney L. White Center for
Financial Research
Telephone: (215) 898-7616
Facsimile: (215) 573-8084
Email: rlwctr@finance.wharton.upenn.edu

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